United Airlines, Delta Air Lines and several other U.S.-based carriers have all given investors strong forecasts for the year. Wall Street expects major airlines to increase revenue and profit in 2025. Lower jet fuel prices have also helped brighten those forecasts.
HONG KONG (AP) — Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose.
HFD said a construction worker was rescued after being trapped in an elevator at a building in downtown Houston, where scaffolding collapsed near Main Street and Rusk.
Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.
HOUSTON (AP) — HOUSTON (AP) — Stellar Bancorp, Inc. (STEL) on Thursday reported fourth-quarter earnings of $27.8 million. The bank, based in Houston, said it had earnings of 52 cents per share.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company") released the federal income tax treatment of 2024 cash distributions to holders of common shares
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share, for the three months ended Dec. 31. It earned $7.63 billion, or $1.91 per share, in the prior-year period.
HOUSTON (AP) — HOUSTON (AP) — LyondellBasell Industries (LYB) on Friday reported a loss of $603 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of $1.87. Earnings, adjusted for one-time gains and costs, were 75 cents per share.
The weak pace of loan growth is a worry, particularly for regional lenders.
HOUSTON-- ( BUSINESS WIRE )--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”) announced today that Mr. Max Yzaguirre has been named as an independent member of the Company’s Board of Directors (the “Board”), effective January 30, 2025. With the addition of Mr. Yzaguirre, the Board is now composed of 10 members.